Asset Plus (NZSE:APL) FFO per Share: NZ$-0.01 (TTM As of Mar. 2026)

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Asset Plus Ltd NZSE:APL

43 GF Score

Price NZ$0.17

GF Value NZ$0.23

Valuation Modestly Undervalued

2 Warning Signs

View Full Analysis

What is Asset Plus FFO per Share?

Asset Plus NZSE:APL -1.76% 43 FFO per Share is NZ$-0.01 as of Mar. 2026. GuruFocus rates NZSE:APL with a GF Score™ of 43/100 and a GF Value™ of NZ$0.23 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Asset Plus's FFO per Share for the six months ended in Mar. 2026 was NZ$-0.01. Asset Plus's FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$-0.01.

Asset Plus FFO per Share Related Terms

Asset Plus FFO per Share Historical Data

* Premium members only.

The historical data trend for Asset Plus's FFO per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Asset Plus FFO per Share Chart

Asset Plus Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

FFO per Share

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0.01

-0.04

-0.02

-0.01

Asset Plus Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
FFO per Share	Get a 7-Day Free Trial															-0.00	0.01	-0.02	0.00	-0.01

NZSE:APL vs VICI, WPC, BNL: FFO per Share Comparison

For the REIT - Diversified subindustry, Asset Plus's Price-to-FFO, along with its competitors' market caps and Price-to-FFO data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Asset Plus Price-to-FFO vs REITs Industry

For the REITs industry and Real Estate sector, Asset Plus's Price-to-FFO distribution charts can be found below:

* The bar in red indicates where Asset Plus's Price-to-FFO falls into.

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43GF Score

Asset Plus Ltd NZSE:APL

FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.

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Asset Plus FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

Asset Plus's FFO per Share for the fiscal year that ended in Mar. 2026 is calculated as

FFO per Share (A: Mar. 2026 )	=	FFO (A: Mar. 2026	/	Shares Outstanding (Diluted Average) (A: Mar. 2026 )
	=	-3.164	/	362.718
	=	-0.01

Asset Plus's FFO per Share for the quarter that ended in Mar. 2026 is calculated as

FFO per Share (Q: Mar. 2026 )	=	FFO (Q: Mar. 2026 )	/	Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
	=	-4.77	/	362.718
	=	-0.01

FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-0.01

Frequently Asked Questions Learn more about FFO per Share →

What does a FFO per Share of NZ$-0.01 mean?

Asset Plus (NZSE:APL) has a FFO per Share of NZ$-0.01 as of Mar. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Asset Plus and its competitors.

Is Asset Plus' FFO per Share too high?

Asset Plus' current FFO per Share is NZ$-0.01. Overall, Asset Plus has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Asset Plus' FFO per Share compare to VICI and WPC?

Asset Plus' FFO per Share of NZ$-0.01 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good FFO per Share for a REITs company?

A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high FFO per Share mean?

A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Asset Plus and its competitors. Asset Plus's current FFO per Share is NZ$-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Asset Plus stock overvalued right now?

Based on GuruFocus' analysis, Asset Plus (NZSE:APL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.23, compared to a current price of NZ$0.17 — trading 27.4% below its estimated fair value. The current FFO per Share is NZ$-0.01. Asset Plus' overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is FFO per Share calculated?

FFO per Share is calculated from a company's financial statements. For Asset Plus (NZSE:APL), the current FFO per Share is NZ$-0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asset Plus (NZSE:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Plus stock appears to be undervalued. The current stock price of NZ$0.17 is trading 27.4% below its estimated GF Value™ of NZ$0.23. GuruFocus considers Asset Plus to be Modestly Undervalued.

Key valuation signals for NZSE:APL:

FFO per Share: NZ$-0.01
GF Value™: NZ$0.23 vs. price of NZ$0.17 (27.4% below fair value)
GF Score™: 43/100 with 2 warning signs

No single metric tells the full story. See the NZSE:APL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asset Plus Business Description

Industry Real Estate REITs

Comparable Companies ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11 LSE:BLND ASX:MGR BNL XKLS:5235SS TSE:8972 JSE:GRT LSE:UTG TSE:8984 SGX:T82U TSE:8960

Address C/- Centuria Funds Management Limited, 30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010

Website https://www.assetplusnz.co.nz

Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.

43GF Score

Get the complete analysis for NZSE:APL

FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.17

Price

NZ$0.23

GF Value

View NZSE:APL Analysis

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